The 5G IoT market size is valued at USD 8.2 Bn in 2026.
The 5G IoT market is projected to grow at a CAGR of 35% by 2033.
The 5G IoT market growth is driven by massive IoT device adoption, demand for ultra-low latency connectivity, and expansion of smart cities and industrial automation.
Asia Pacific is the dominating region for the 5G IoT market.
Qualcomm, Huawei Technologies Co., Ltd., Ericsson, Nokia, and Samsung Electronics are some leading industry players in the 5G IoT market.